(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-8679583308408160", enable_page_level_ads: true });

Saturday, November 3, 2018

SIA

After touching the low of $9.14 , it has managed to stage a nice rebound and head higher to hit $9.57 on 2nd Nov 2018, this is rather bullish!

NAV $11.78.
P/B 0.84
Dividend of 40 cents. Yield of 4.2% looks quite attractive.


With oil price turning softer, SIA may benefit .

Short term wise, I think it may likely move up to retest $9.86 .
Breaking out of $9.86 with good volume, that may propel to drive the price higher towards $10.06.

Not a call to buy or sell.

Pls dyodd.


Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services in East Asia, the Americas, Europe, South West Pacific, West Asia, and Africa. The company also offers engineering services, air charters, and tour wholesaling and related services, as well as trains pilots. In addition, it engages in the provision of aircraft maintenance services, including technical and non-technical handling at the airport; maintenance, repair, and overhaul of aircraft and cabin components/systems; and aviation insurance services. Further, the company is involved in the repair and overhaul of aircraft and cabin components/systems; providing and marketing cargo community systems; marketing and supporting portal services for the air cargo industry; and reservation service systems. As of March 31, 2018, its operating fleet consisted of 186 aircraft, which included 179 passenger aircraft and 7 freighters. The company was founded in 1947 and is based in Singapore. Singapore Airlines Limited is a subsidiary of Temasek Holdings (Private) Limited.

2 comments:

  1. I’m having a fortnight meeting in USA so my stress reliever is reading some blogs, but it’s quite difficult for me to spend or waste my time in simple blogs or non sense writings then somehow I read your works It’s so confusing because I love your enthusiasm on this subject so I comment on to admire your style. It happens that I’m curious about curtain fabrication services singapore, I think you should try to check it out!

    ReplyDelete
  2. You Have Impeccable Manners of writings. When you feel gutted to someone or anything, Just continue your work be proud of yourself, because your an inspiration for me, Thank you for being you. Did you visit curtains and fabrication service Singapore you should try it!

    ReplyDelete